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Move to train leather sector employees

Talha Bin Habib | 2019-08-21 00:00:00

The government has moved to train leather sector employees so that they could process leather of international standard at the Savar Tannery Estate, officials said. The Ministry of Industries (MoI) and the World Bank (WB) are set to take up...

Equipping the young people to navigate the technological revolution

Thalif Deen in UN Headquarters, New York | 2019-08-21 00:00:00

The UN Population Fund (UNFPA) is convinced that the world's 1.8 billion adolescents and youth - a quarter of the global population - have a key role to play in helping implement the UN's 2030 Development Agenda.In an interview with...

Option for environmentally friendly energy sources

Polin Kumar Saha and Irin Afrin Lopa | 2019-08-21 00:00:00

Among all the natural resources, air is being polluted mainly by the conventional ways of energy production with vehicle emission, industrial discharge and burning of fossil fuel or non-renewable resources.Power generation is one of the key components for enhancement of...

Asymmetric effects of monetary policy

Abdullah A Dewan | 2019-08-21 00:00:00

Multi-front intricate issues crop up, day in and day out, in the economic life of a nation that needs to be analysed and interpreted. A country's fiscal authority may not be equipped with analysts and experts to examine and understand...

FY'19 trade gap narrows

Asjadul Kibria | 2019-08-20 00:00:00

The country's merchandise trade deficit with the rest of the world narrowed in the past fiscal year (FY'19), despite slight rise in imports, the central bank said on Monday.The latest statistics showed that trade gap reached US$15.49 billion in FY19,...

$500m infrastructure investment fund likely

Syful Islam | 2019-08-20 00:00:00

A US$500 million fund is likely to be created with contributions from the government, bourses, banks and financial institutions to invest in various infrastructures, officials said.The private sector people will enjoy tax and duty waiver if they invest in the...

BB asks banks to meet CRR, SLR requirements

Siddique Islam | 2019-08-20 00:00:00

The central bank has asked the scheduled banks to comply with cash reserve ratio (CRR) and statutory liquidity ratio (SLR) rules concerning their offshore banking operations from September 01 next.The banks are allowed to maintain the CRR and SLR only...

Good jobs for disabled workers

Brian Malika in Nairobi, Kenya | 2019-08-20 00:00:00

Employment delivers more than a paycheck. It also offers personal independence, social status, and the self-esteem that these assets bring. For people with disabilities, these benefits are particularly valuable - and particularly difficult to access.With the United Nations Sustainable Development...

Rules of war widely flouted, 70 years on

James Reinl in United Nations Headquarters, New York | 2019-08-20 00:00:00

World governments are not doing enough to stop armed groups from committing mass rape, torture and other war crimes, Peter Maurer, President of the International Committee of the Red Cross (ICRC), said on Tuesday (August 13).Maurer said that 70 years...

The indispensability of youth development

Kamal Uddin Ahmed | 2019-08-20 00:00:00

The role of youths in the advancement of a nation is perhaps more pronounced these than ever before. However, despite constitutional guarantees and impressive economic growth and development, Bangladeshi youths face formidable challenges in accessing quality education, employment as well...

BR struggles to overhaul ageing fleet of coaches

Munima Sultana | 2019-08-19 00:00:00

The Bangladesh Railway (BR) has taken up a rehabilitation project for 100 metre-gauge train coaches in its second phase, even as 388 coaches or 42 per cent of total coaches running in its eastern zone are over-aged, sources said.All these...

Strengthening Bangladesh-India economic collaboration

Enamul Hafiz Latifee and Md Sajib Hossain | 2019-08-19 00:00:00

Given the fast pace of their economic growth, India and Bangladesh have a number of common issues that are potentially capable of reinforcing the growth momentum of both countries. India is now the 7th largest and one of the fastest...

The virtue of holiday

Neil Ray | 2019-08-19 00:00:00

Rare are the people who do not enjoy holidays. The longer are holidays, the more inviting are they. Usually, longer national holidays are reserved for celebration of religious occasions all over the world. Livelihood compulsions push people out of their...

Another likely sop for banks

Shamsul Huq Zahid | 2019-08-19 00:00:00

Put together a couple of news reports, published in two financial dailies with a gap of a single day, did highlight the high level of erosion in cash liquidity in the country's banking sector and a possible solution, albeit partial,...

Korea keen to invest in 10 PPP projects

Munima Sultana | 2019-08-18 00:00:00

Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements.However, Bangladesh sought investment in 14 projects in the rail, road, power and textile sectors at the first Bangladesh-Korea...

Remembering an epitome of courage

Enayetullah Khan | 2019-08-18 00:00:00

In the dawn of August 15, 1975, Bangabandhu Sheikh Mujibur Rahman made one of his final phone calls to his military secretary Col Jamil Uddin Ahmad. He had been attacked, Bangabandhu told Col Jamil, and the residence on Road 32...

MSMEs - both a choice and a reality for Bangladesh

Md. Joynal Abdin | 2019-08-18 00:00:00

In a country like Bangladesh, where there is no dearth of manpower, policymakers and entrepreneurs need to focus on the national strength while setting up industries or initiating a business venture. That strength could be the enterprises that ensure maximum...

Kashmir conundrum

Kazi Anwarul Masud | 2019-08-18 00:00:00

On August 11, following Narendra Modi-Amit Shah's constitutional coup for bifurcating Jammu and Kashmir and integrating them into Union territory, father of Pakistan's atomic weapons Dr Abdul Quader Khan's irresponsible utterance that Pakistan can reduce Delhi in five minutes has...

Ministry follows up concerns of labour representatives

Syful Islam | 2019-08-17 00:00:00

The International Labour Organisation (ILO) has been urged to form an inquiry commission against the government of Bangladesh over 'non-observance' of top ILO conventions relating to workers' rights, officials have said.Labour representatives from Italy, Japan, South Africa, Pakistan and Brazil...

BR may face big challenge for conflict with transport projects

Munima Sultana | 2019-08-17 00:00:00

Bangladesh Railway (BR) is likely to face a major challenge in building a circular rail route around Dhaka city due to 'conflict' with a number of transport projects, sources said.These projects include construction of ring road, elevated expressway, mass rapid...

Berger Paints posts steady growth in revenue, profitability

Babul Barman | 2019-08-17 00:00:00

Berger Paints Bangladesh Limited witnessed a consistent growth in revenue and profitability, registering a net profit growth of 16.84 per cent for the year ended on March 31, 2019.The multinational company posted a 7.58 per cent sales value growth during...

BREB to install 10m smart pre-paid meter by 2025

Talha Bin Habib | 2019-08-17 00:00:00

Bangladesh Rural Electrification Board (BREB) has set a target to install 10 million smart pre-paid meter by 2025 to facilitate its clients for paying hassle-free monthly power bills, official said. "We have a target to set up 10 million smart...

Remembering Bangabandhu in the month of August

Helal Uddin Ahmed | 2019-08-17 00:00:00

Bangabandhu Sheikh Mujibur Rahman was assassinated along with his family members on the dark night of 15 August 1975. A pall of gloom overpowers the Bangali nation as the month of August arrives each year. The dark shadows of grief...

The growing footprint of women in banking sector

Md Mazadul Hoque | 2019-08-17 00:00:00

Once upon a time women were regarded as only housewives globally. Even the graduate women were forced to stay inside the four walls of their dwellings. Their keen interest to do jobs had been nipped in the bud by their...

Ooty -Queen of South India

Nilratan Halder | 2019-08-17 00:00:00

On way to Ooty, lovingly called the Queen of the South. A cradle of Nature's bounties, Ooty is blessed with an eternal spring season. The highest temperature usually persists on an average between 17-20 degrees and the lowest average is...

Laxity in public hygiene is costly

Asjadul Kibria | 2019-08-17 00:00:00

There is a growing tendency of ignoring hygiene in this country. From hotels and restaurants to bus terminals and train stations, from households to hospitals and work places - a gross lack of hygiene in different forms is visible almost...

Socio-economics of land use

Abdul Bayes | 2019-08-17 00:00:00

Land is the most important asset or factor of production in Bangladesh, particularly in rural areas. In fact, land is the only source of agricultural production; other inputs are complimentary to it. Land in rural areas is also a sign...

Bangladesh Bank: Interest rate-based monetary policy

Abdullah A Dewan | 2019-08-17 00:00:00

Bangladesh Bank (BB), on July 31, announced a shift from monetary aggregate targeting (M2) to interest rate targeting (IRT) in the conduct of its monetary policy. The new policy will be introduced by second half (H2) of the FY '21....

Over 90pc businesses risk losing BINs

Doulot Akter Mala | 2019-08-16 00:00:00

Some 150,000 businesses accounting for over 90 per cent risk losing identification numbers for the non-compliance with the revenue board's directive to update their VAT registration information within the deadline.The deadline for updating the Business Identification Numbers (BINs) by the...

Govt drafts policy to curb FDI in tobacco industry

Syful Islam | 2019-08-16 00:00:00

The government is planning to restrict foreign direct investments (FDI) in the tobacco sector so that the supply of the harmful elements can be curtailed, officials said.The draft National Tobacco Control Policy, which was recently sent to the ministries and...